finPOWER Connect for New Zealand Lenders
Lending, investment, compliance and workflow on one platform. Exodesk implements finPOWER Connect, configures it to how you actually lend, and supports it afterwards.
Supporting New Zealand businesses since 1989
What is finPOWER Connect?
finPOWER Connect is lending and finance software developed by Intersoft Systems. It runs the full account lifecycle for a finance business: origination, interest calculation, arrears, investment products, compliance data and reporting, all configured to a specific lender’s model rather than forced into a fixed one.
Exodesk is an Authorised Reseller of finPOWER Connect. We do not build it. We implement it, configure it to how you lend, connect it to the other systems you run, and support it afterwards. That distinction matters when you are choosing who to work with, because the platform and the partner are two separate decisions.
If you are still deciding whether to move off spreadsheets or a generic package at all, our guide to lending software covers the category and what to look for. This page is about finPOWER Connect specifically and what working with Exodesk on it involves.
Why do finance businesses outgrow spreadsheets?
Not because the spreadsheet stops calculating. Because of what sits around it.
A loan book in a spreadsheet works until somebody needs to reconstruct how a figure was arrived at eighteen months ago, or until the person who built it is on leave, or until one cell reference is wrong and every number after it inherits the error quietly.
Then there is the reporting. Preparing data for submission by hand is slow, and slow is the least of the problem. Hand-prepared data is hard to check and harder to prove, and the obligations are not getting lighter.
The real risk is not the arithmetic. It is that the knowledge of how the lending actually works lives in one person’s head and one file.
What can finPOWER Connect do?
A broad range of lending and investment products
Consumer and business lending, leases, revolving credit, on-call and term investments. The breadth matters if you want to bring a new product to market without needing a new system to run it on.
Compliance and reporting
The platform prepares data for timely and accurate submission, and produces financial, customer and performance reporting from the same records. Obligations get met from the system rather than from a spreadsheet built alongside it.
Configurable workflows and task management
Routine steps are automated and progress is tracked, from loan processing through to account management. This is where the repetitive work goes, freeing people for the decisions that need judgement.
Integration with the systems around it
Accounting software, payment gateways and other third-party platforms connect to it, so the lending platform is part of your operation rather than an island in the middle of it.
It is built on a secure architecture designed to scale, which for a growing loan book is a practical concern rather than a marketing one.
How much of the routine work can be automated?
More than most lenders expect, because the repetitive work in finance is highly structured and structure is what automation needs.
Workflows move an application or an account through its steps, prompting the right person at the right point and recording what happened. Task management tracks what is outstanding rather than relying on somebody keeping a list.
The gain is not only speed. A configured workflow produces the same process every time, which is worth a great deal when somebody later asks you to demonstrate that the process was followed.
What does an Authorised Reseller actually do?
The platform is the same whoever you buy it through. What differs is who configures it, who connects it to everything else, and who answers when something is not behaving.
Implementation and configuration
Setting the platform up around your lending model, your products and your process, rather than changing how you lend to suit a default configuration.
Integration with your other systems
Connecting it to accounting, payments and whatever else you run. Where nothing suitable exists off the shelf, our developers build it. See business software integration.
Ongoing support
A local team who know your configuration, rather than a general support queue that has to be told your situation from scratch every time.
Exodesk has supported New Zealand businesses since 1989 and can look after the technology underneath the platform as well, through managed IT services, if you would rather not hold that separately.
Who uses finPOWER Connect?
Finance businesses whose obligations and product range have got beyond what a general package can carry.
- Consumer and business lenders managing account lifecycles, arrears and interest calculation at volume.
- Leasing and asset finance operators running products a standard ledger was never designed to model.
- Investment and deposit takers handling on-call and term products alongside lending.
- Finance businesses launching a new product who need a platform flexible enough to model it without a rebuild.
The broader technology picture for these operations, including the security and access obligations that come with holding financial data, sits with IT consulting.
How does a finPOWER Connect implementation work?
Lending does not pause for a system change, and the data being moved is the loan book, so the sequence is deliberate.
We document how you actually lend
Products, interest treatment, fees, arrears handling and the reporting you are obliged to produce. Written down, often for the first time.
The platform is configured to that model
This is the bulk of the work and the part that determines whether the system fits or fights you for the next decade.
Data is migrated and reconciled
The loan book comes across and is checked against the existing records until the two agree. Nothing goes live on figures nobody has verified.
Integrations and workflows are built
Connections to accounting and payments, and the workflows that automate the routine steps, configured once the core is stable.
Go live, then support
The team is trained on their own configuration rather than a generic demonstration, and support continues from the people who built it.
What does finPOWER Connect cost?
There are two figures and they are worth separating. Platform licensing is set by Intersoft Systems and depends on the modules and scale you need. Implementation, configuration, integration and migration are quoted by Exodesk once we understand your lending model.
Configuration and migration are where the variability sits. A single straightforward lending product is a different piece of work from a mixed book with leases, revolving credit and investment products, and migrating a loan book properly is careful work rather than an import.
Both figures are given before anything starts. If the scoping suggests the platform is more than your operation needs, we will say so rather than proceed.
Questions
finPOWER Connect FAQs
What is finPOWER Connect?
finPOWER Connect is lending and finance software developed by Intersoft Systems. It manages the full account lifecycle including origination, interest calculation, arrears, investment products, compliance data and reporting, and is designed to be configured to a specific lender’s model. Exodesk is an Authorised Reseller that implements, customises and supports it.
Does Exodesk build finPOWER Connect?
No. finPOWER Connect is developed by Intersoft Systems. Exodesk is an Authorised Reseller, which means we implement it, configure it to how you lend, integrate it with your other systems and support it afterwards. The platform and the implementation partner are separate decisions.
What lending products does it handle?
Consumer and business lending, leases, revolving credit, on-call and term investments. The range is broad enough that most lenders can add a new product without needing a different system to run it on.
How does it help with compliance?
It prepares data for timely and accurate submission and produces reporting from the same records the lending runs on, rather than from a separate spreadsheet. That makes obligations easier to meet and easier to evidence, though the obligations themselves remain the lender’s.
Can it connect to our accounting software and payment gateways?
Yes. Integration with third-party platforms including accounting software and payment gateways is supported. Where a connection does not exist off the shelf, Exodesk developers can build it.
What does finPOWER Connect cost?
There are two figures. Platform licensing is set by Intersoft Systems and depends on modules and scale. Implementation, configuration, integration and migration are quoted by Exodesk once the lending model is understood. Both are given before work starts.
How long does an implementation take?
It depends mostly on how complex the lending model is and how much loan book history has to migrate. The sequence matters more than the calendar: document the model, configure, migrate and reconcile, then build integrations and workflows before going live.
What happens to our existing loan book?
It is migrated and then reconciled against the existing records until both agree. Going live on figures that have not been verified is the single most damaging thing a lending migration can do, so that step is not compressed.
Is finPOWER Connect the same as accounting software?
No. Accounting software records that money moved. Lending software manages the account that caused it to move, including interest, arrears, product terms and the obligations attached. Most lenders run both and connect them.
Is it suitable for a small finance business?
It can be, and it scales. The deciding factor is complexity rather than size: a small lender with leases or investment products often needs it more than a larger one writing a single simple product. Where a simpler arrangement genuinely covers the business, Exodesk will say so.
Tell us how you lend
Your products, how interest and arrears are handled, and what you are obliged to report. That conversation tells us whether finPOWER Connect fits, and what implementing it would involve.
Christchurch 03 343 3124 · Dunedin 03 479 2941 · Nationwide 0800 396 3375
Talk to us
Tell us about your lending model and what you are running it on now